CoreCivic Increases 2017 Guidance - Quick Facts

(RTTNews) - CoreCivic, Inc. (CXW) announced the company now expects fiscal 2017 adjusted EPS of $1.50 to $1.56 compared to prior guidance range of $1.46 to $1.54. Normalized FFO per share is now expected to be between $2.27 to $2.33 compared to prior guidance range of $2.22 to $2.30.

Normalized FFO was $74.1 million, or $0.63 per share, during the first quarter of 2017, compared with $70.8 million, or $0.60 per share, during the first quarter of 2016. Total revenue for the first quarter of 2017 was $445.7 million compared to $447.4 million in the first quarter of 2016.